Excellon Resources Inc. (OTCMKTS:EXNRF) Sees Large Growth in Short Interest

Excellon Resources Inc. (OTCMKTS:EXNRF) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 205,250 shares, a growth of 603.7% from the May 14th total of 29,167 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 360,914 shares, the short-interest ratio is currently 0.6 days.

Excellon Resources Price Performance

OTCMKTS:EXNRF opened at $0.27 on Wednesday. The firm has a market capitalization of $103.64 million, a price-to-earnings ratio of -8.98 and a beta of 0.88. Excellon Resources has a 52-week low of $0.13 and a 52-week high of $0.56. The stock has a fifty day moving average of $0.33 and a 200 day moving average of $0.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.25 and a current ratio of 1.25.

About Excellon Resources

Excellon Resources Inc (OTCMKTS: EXNRF) is a Canadian precious metals mining and exploration company focused on silver, lead and zinc assets in Mexico. The company’s principal producing asset is the Platosa Mine, located in the historic Fresnillo district of Durango state. Platosa has been in production since the mid-2000s and is noted for its high-grade silver-lead-zinc carbonate replacements, which are mined via underground operations and processed at an on-site facility.

In addition to its producing operation, Excellon maintains a portfolio of exploration and development projects in Mexico and Canada.